1071 Lorne Street
Sudbury, Ontario
MLS® 2127504
$439,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 2127504
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 22Listing description
Positioned in Sudbury’s sought-after west end, this turnkey triplex is an exceptional opportunity for savvy investors looking to secure strong, reliable returns. Located in a high-demand rental pocket just minutes from grocery stores, coffee shops, public transit, and everyday amenities, this property consistently attracts quality tenants. Offering three fully self-contained units, the building has been thoughtfully updated with key improvements including upgraded electrical and plumbing systems, refreshed bathrooms, and a newer roof—helping minimize future expenses and maximize peace of mind.
With an impressive 9. 7% cap rate, this is a true income-producing asset from day one. The added benefit of C2 zoning provides valuable flexibility for future use or expansion potential.
A solid addition to any portfolio in one of Sudbury’s most desirable investment corridors—this is an opportunity you won’t want to miss.
Property summary
- MLS® number
- 2127504
- Property type
- Multi-family
- Title
- Freehold
- Land size
- 122
- Days on market
- 130 days
Features & details
- Heating
- Forced air
- Basement
- Crawl space
- Flooring
- Tile, Laminate
- Exterior features
- Brick
What would this home cost you?
Based on the $439,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, BROKERAGE (MAIN), Sudbury.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.